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P-Two Industries (ROCO:6158) Debt-to-Equity : 0.51 (As of Mar. 2024)


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What is P-Two Industries Debt-to-Equity?

P-Two Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$579 Mil. P-Two Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$18 Mil. P-Two Industries's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,176 Mil. P-Two Industries's debt to equity for the quarter that ended in Mar. 2024 was 0.51.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for P-Two Industries's Debt-to-Equity or its related term are showing as below:

ROCO:6158' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1   Med: 0.34   Max: 0.86
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of P-Two Industries was 0.86. The lowest was 0.10. And the median was 0.34.

ROCO:6158's Debt-to-Equity is ranked worse than
67.85% of 2193 companies
in the Hardware industry
Industry Median: 0.28 vs ROCO:6158: 0.51

P-Two Industries Debt-to-Equity Historical Data

The historical data trend for P-Two Industries's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

P-Two Industries Debt-to-Equity Chart

P-Two Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.76 0.67 0.51 0.54

P-Two Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.50 0.54 0.54 0.51

Competitive Comparison of P-Two Industries's Debt-to-Equity

For the Electronic Components subindustry, P-Two Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


P-Two Industries's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, P-Two Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where P-Two Industries's Debt-to-Equity falls into.



P-Two Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

P-Two Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

P-Two Industries's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


P-Two Industries  (ROCO:6158) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


P-Two Industries Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of P-Two Industries's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


P-Two Industries (ROCO:6158) Business Description

Traded in Other Exchanges
N/A
Address
No 9 Shin Hwa Road, Kwei Shan Ind Park, Taoyuan, TWN, 330
P-Two Industries Inc is engaged in the manufacture and sale of precision terminals and connectors in Taiwan and China. Its products include FPC connector, mobile phone connector, LVDS wire to board connector, memory card connector, flexible flat cable and metal dome.

P-Two Industries (ROCO:6158) Headlines

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